Brief Exercise 23-05 Pharoah Corporation had the following 2020 income statement. Sales revenue Cost of goods sold Gross profit Operating expenses (includes depreciation of $20,000) Net income $195,000 115,000 80,000 53,000 $27,000 The following accounts increased during 2020: Accounts Receivable $13,000, Inventory $12,000, Accounts Payable $14,000. Prepare the cash flows from operating activities section of Pharoah's 2020 statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Pharoah Corporation Statement of Cash Flows-Indirect Method (Partial) Adjustments to reconcile net income to $ Click if you would like to Show Work for this question: Open Show Work